ApS AF 1/6 1974 MIDDELFART HOLDING — Credit Rating and Financial Key Figures

CVR number: 27353827
Kåsvænget 22, Strib 5500 Middelfart
tel: 20122860
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Credit rating

Company information

Official name
ApS AF 1/6 1974 MIDDELFART HOLDING
Personnel
1 person
Established
2003
Domicile
Strib
Company form
Private limited company
Industry

About ApS AF 1/6 1974 MIDDELFART HOLDING

ApS AF 1/6 1974 MIDDELFART HOLDING (CVR number: 27353827) is a company from MIDDELFART. The company recorded a gross profit of -66.3 kDKK in 2023. The operating profit was -166.3 kDKK, while net earnings were 907.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ApS AF 1/6 1974 MIDDELFART HOLDING's liquidity measured by quick ratio was 18.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-77.98-54.32-35.90-40.51-66.27
EBIT- 177.98- 154.31- 135.90- 140.51- 166.27
Net earnings82.071 266.88- 286.7611.13907.67
Shareholders equity total11 952.9411 322.3210 860.1610 693.7011 418.53
Balance sheet total (assets)12 019.9011 962.1111 433.8111 279.6412 174.29
Net debt-11 522.45-11 456.50-10 816.23-11 169.39-12 158.07
Profitability
EBIT-%
ROA0.9 %13.6 %0.0 %0.2 %10.2 %
ROE0.7 %10.9 %-2.6 %0.1 %8.2 %
ROI0.9 %14.0 %0.0 %0.3 %10.8 %
Economic value added (EVA)- 153.44- 141.47-99.39- 108.97- 105.76
Solvency
Equity ratio99.4 %94.7 %95.0 %94.8 %93.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio175.018.219.419.318.7
Current ratio175.018.219.419.318.7
Cash and cash equivalents11 522.4511 456.5010 816.2311 169.3912 158.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.8%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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